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NYS Comptroller DiNapoli: Wall Street Profits and Bonuses Up Sharply in 2017
… are not included. The Comptroller's estimate is based on personal income tax trends and includes cash bonuses for … current year and bonuses deferred from prior years that have been cashed in. The estimate does not include stock … or other forms of deferred compensation for which taxes have not been withheld. DiNapoli also reported: The 2017 …
https://www.osc.ny.gov/press/releases/2018/03/nys-comptroller-dinapoli-wall-street-profits-and-bonuses-sharply-2017DiNapoli Announces Nominee for the Commission on Ethics and Lobbying in Government
… today announced his nomination of Nancy G. Groenwegen to the Commission on Ethics and Lobbying in Government. Groenwegen previously served as counsel to the Comptroller from 2010 to 2019. “Nancy is well known for her integrity and …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-announces-nominee-commission-ethics-and-lobbying-governmentDiNapoli: Lax Oversight of Medicaid Payments Behind $700 Million in Improper Payments
… on taxpayers. This time, failure to effectively monitor money allowed $701 million worth of improper spending, and …
https://www.osc.ny.gov/press/releases/2022/08/dinapoli-lax-oversight-medicaid-payments-behind-700-million-improper-paymentsOyster Bay Water District – Payments in Lieu of Health Insurance (2017M-43)
… Purpose of Audit The purpose of our audit was to review payments in … January 1, 2015 through October 31, 2016. Background The Oyster Bay Water District is located in the Town of Oyster Bay in Nassau County and provides water to …
https://www.osc.ny.gov/local-government/audits/district/2017/06/02/oyster-bay-water-district-payments-lieu-health-insurance-2017m-43DiNapoli: Former Hempstead School Official and Local Restauranteur Indicted in Kickback Scheme
… totaling more than $100,000 to Gardner through fraudulent payroll deposits and other payments. To conceal the illegal …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-former-hempstead-school-official-and-local-restauranteur-indicted-kickback-schemeDiNapoli: Local Sales Tax Collections Up 21% in First Quarter of 2022
… grew by 21.1%, or $901 million, in the first quarter of 2022 compared to the same period last year, according to a … is having on New York’s economic recovery.” New York City’s collections in the first quarter grew by 28.5% … biggest jump in the first quarter at 30.8%, followed by Johnstown (29.2%) and Ithaca (28.6%). Gloversville had the …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-local-sales-tax-collections-21-percent-first-quarter-2022DiNapoli: Syracuse City School District Teacher Pleads Guilty in Time Theft Scheme
… time sheets that stated they were at work. Cecile was arrested in May of 2021 along with SCSD teachers Nicole … cases are still pending in court. Cecile appeared before Judge Gordon J. Cuffy in Onondaga County Court. He is due …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-syracuse-city-school-district-teacher-pleads-guilty-time-theft-schemeDiNapoli: Statewide Local Sales Tax Collections Surge Nearly 58 Percent in May
… $1.4 billion, up $530 million from May of last year. “For the second straight month, local sales tax collections … of New York City also saw year-over-year collections for May grow by double digits, ranging from 17.6 percent in … in those months upward or downward accordingly. In all other months, including May, the payments are based on …
https://www.osc.ny.gov/press/releases/2021/06/dinapoli-statewide-local-sales-tax-collections-surge-nearly-58-percent-mayNew York’s Economy and Finances in the COVID-19 Era (July 1, 2021)
… Personal Income by Component, Seasonally Adjusted Source: U.S. Bureau of Economic Analysis Personal income … percent in the first quarter of 2021, accounting for over one-quarter of the personal income in New York. Mixed Rebound … 2 – Earnings in New York by Industry, First Quarter 2021 Source: U.S. Bureau of Economic Analysis Earnings in all …
https://www.osc.ny.gov/reports/new-yorks-economy-and-finances-covid-19-era-july-1-2021DiNapoli: State's Financial Hole Deepens, Tax Revenues Trail $3.2 Billion in 2020
… August. DiNapoli noted state tax receipts of $4.3 billion in August were $309.3 million above the latest projections by the state Division of Budget (DOB), but $219.1 million … state's 180,000 contracts, billions in state payments and public authority data. Visit the Reading Room for contract …
https://www.osc.ny.gov/press/releases/2020/09/dinapoli-states-financial-hole-deepens-tax-revenues-trail-32-billion-2020Oversight of Career and Technical Education Programs in New York State Schools
… 2020. About the Program CTE prepares students to succeed in future careers by introducing them to workplace competencies and providing hands-on learning in the high school setting. According to a national … students who have completed two consecutive CTE courses in the same program is about 90 percent – 15 percentage …
https://www.osc.ny.gov/state-agencies/audits/2020/12/21/oversight-career-and-technical-education-programs-new-york-state-schoolsExamples from GASB Statement 34 - Statement of Changes in Fiduciary Net Assets
… pension plans and external investment pools are required to be presented in the notes to the financial statements if separate GAAP statements for …
https://www.osc.ny.gov/local-government/publications/examples-gasb-statement-34-statement-changes-fiduciary-net-assetsSafe Schools Against Violence in Education (SAVE) Act - Safety Plans - 2019-MS-1
… charter schools (collectively referred to as schools in this report) used their financial resources to develop, … the safety plan annually by September 1 after holding a 30-day public comment period and a public hearing. The Chief … plans to school officials and SED confidentially. 2 1 For one school, we only reviewed the 2018-19 district-wide …
https://www.osc.ny.gov/local-government/audits/charter-school/2019/07/25/safe-schools-against-violence-education-save-act-safety-plans-2019-ms-1New York City Projecting Surplus of $2.7 Billion in Current Fiscal Year
… up from $550 million in November 2019, which it plans to transfer to FY 2021 to help balance that year’s budget, according to a … of the Financial Plan of the City of New York Find out how your government money is spent at Open Book New York . …
https://www.osc.ny.gov/press/releases/2020/02/new-york-city-projecting-surplus-27-billion-current-fiscal-yearAudit Finds Construction Delays in Public Housing Program Across New York State
… Modernization Program , or by go to: http://www.osc.state.ny.us/audits/allaudits/093016/15s5.pdf … Problems with the …
https://www.osc.ny.gov/press/releases/2016/05/audit-finds-construction-delays-public-housing-program-across-new-york-stateDiNapoli: Court Clerk Pleads Guilty to Stealing More Than $10,000 in Fines
… of fraud involving taxpayer money by calling the toll-free Fraud Hotline at 1-888-672-4555, by filing a complaint online at [email protected] , or by mailing a …
https://www.osc.ny.gov/press/releases/2017/03/dinapoli-court-clerk-pleads-guilty-stealing-more-10000-finesDiNapoli: State Missing Out on Millions in Medicare Payments for Kidney Patients
… $69 million from 2016 to 2018, which includes $17 million in savings for counties and New York City. "New Yorkers … uncertainty over Medicaid under the new administration in Washington, states need to take every initiative to defray … 30.6 percent; and localities funded the rest. As noted in the audit, many of the state's Medicaid recipients are …
https://www.osc.ny.gov/press/releases/2017/03/dinapoli-state-missing-out-millions-medicare-payments-kidney-patientsState Pension Fund Adds $30 Million for Investments in New York Companies
… $30 million to Primary Venture Partners to invest in state-based companies, New York State Comptroller Thomas … The commitment will be made through the pension fund’s In-State Private Equity Investment Program, designed to make profitable investments in companies located in New York state. This is the state …
https://www.osc.ny.gov/press/releases/2015/03/state-pension-fund-adds-30-million-investments-new-york-companiesDiNapoli and Diaz Help Bronx Residents Claim $245 Million in Lost Money
… President Ruben Diaz Jr. will help raise awareness about unclaimed funds across the borough. It’s your money, come and get it. … Bronx residents to make the effort to track down their unclaimed money from the more than $244 million in unclaimed …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-and-diaz-help-bronx-residents-claim-245-million-lost-moneyDiNapoli: Pandemic Necessity and Opportunity Fuel Business Growth in New York City
… Small businesses with fewer than five employees grew over 10% … the city’s economy, but resilient New Yorkers fueled small business growth. Changes to how people work and how … New York City Industry Sector Dashboards New York City Restaurant, Retail and Recreation Sectors Still Face Uphill …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-pandemic-necessity-and-opportunity-fuel-business-growth-new-york-city